MassMutual Private Wealth & Trust FSB Cuts Stock Holdings in VanEck Gold Miners ETF $GDX

MassMutual Private Wealth & Trust FSB reduced its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 7.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 204,827 shares of the exchange traded fund’s stock after selling 17,277 shares during the quarter. MassMutual Private Wealth & Trust FSB owned 0.07% of VanEck Gold Miners ETF worth $17,568,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Constant Guidance Financial LLC purchased a new position in VanEck Gold Miners ETF in the 3rd quarter worth approximately $1,433,000. Tradewinds LLC. purchased a new stake in shares of VanEck Gold Miners ETF during the third quarter valued at approximately $1,568,000. Arrowpoint Investment Partners Singapore Pte. Ltd. bought a new position in shares of VanEck Gold Miners ETF in the third quarter worth approximately $848,000. EverSource Wealth Advisors LLC increased its stake in shares of VanEck Gold Miners ETF by 15.6% in the third quarter. EverSource Wealth Advisors LLC now owns 35,422 shares of the exchange traded fund’s stock worth $2,706,000 after buying an additional 4,778 shares during the period. Finally, Trek Financial LLC increased its stake in shares of VanEck Gold Miners ETF by 43.4% in the third quarter. Trek Financial LLC now owns 34,645 shares of the exchange traded fund’s stock worth $2,647,000 after buying an additional 10,488 shares during the period.

VanEck Gold Miners ETF Stock Down 3.4%

Shares of VanEck Gold Miners ETF stock opened at $80.12 on Friday. The company’s fifty day simple moving average is $101.42 and its two-hundred day simple moving average is $86.10. VanEck Gold Miners ETF has a 12-month low of $40.26 and a 12-month high of $117.18. The firm has a market cap of $24.45 billion, a PE ratio of 21.70 and a beta of 0.55.

VanEck Gold Miners ETF Company Profile

The Fund seeks to match as closely as possible the price and yield performance of the AMEX Gold Miners Index. The Fund, utilizing a passive or indexing investment approach, attempts to approximate the investment performance of the Index by investing in a portfolio of stocks that generally replicate the Index.